Wells Fargo (NYSE:WFC) has launched a new down payment assistance program.
Wells Fargo Helping With Down Payments
The US lender Wells Fargo (NYSE:WFC) has pledged $9 million to boost a home buying program in St. Paul and Minneapolis.
The NeighborhoodLIFT program will provide qualified homeowners up to $15,000 in the form of down payment assistance.
David Kvamme, Wells Fargo (NYSE:WFC) Minnesota president, said, “It’s an incredibly great time for people to buy homes. Interest rates are down. Prices are down. … But some people don’t have the money to make a down payment”.
Wells Fargo (NYSE:WFC) company shares are currently standing at 34.10.